Mangalam Worldwide Ltd
Incorporated in 1995, Mangalam Worldwide Ltd manufactures and trades steel products and other merchandise. It also provides consultancy service[1]
- Market Cap ₹ 1,100 Cr.
- Current Price ₹ 370
- High / Low ₹ 371 / 150
- Stock P/E 22.0
- Book Value ₹ 101
- Dividend Yield 0.05 %
- ROCE 17.6 %
- ROE 18.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 79.4% CAGR over last 5 years
Cons
- Tax rate seems low
- Working capital days have increased from 54.9 days to 77.9 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Metals & Mining Metals & Minerals Trading Trading - Metals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 302 | 522 | 644 | 818 | 1,060 | 1,208 | |
| 297 | 510 | 625 | 779 | 1,005 | 1,117 | |
| Operating Profit | 6 | 12 | 19 | 38 | 55 | 91 |
| OPM % | 2% | 2% | 3% | 5% | 5% | 8% |
| 0 | 10 | 6 | 4 | 7 | 7 | |
| Interest | 2 | 2 | 4 | 15 | 24 | 37 |
| Depreciation | 0 | 1 | 5 | 7 | 9 | 10 |
| Profit before tax | 4 | 19 | 16 | 20 | 30 | 51 |
| Tax % | 26% | 33% | -12% | -12% | -0% | 1% |
| 3 | 12 | 18 | 23 | 30 | 50 | |
| EPS in Rs | 833.33 | 6.88 | 7.03 | 8.40 | 9.93 | 16.87 |
| Dividend Payout % | 0% | 15% | 14% | 12% | 2% | 2% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 23% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 79% |
| 3 Years: | 54% |
| TTM: | 81% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| 1 Year: | 133% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 15% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.20 | 18 | 24 | 26 | 30 | 30 |
| Reserves | 13 | 27 | 111 | 154 | 226 | 270 |
| 17 | 47 | 85 | 103 | 192 | 236 | |
| 17 | 30 | 39 | 131 | 189 | 393 | |
| Total Liabilities | 47 | 123 | 259 | 414 | 636 | 929 |
| 2 | 51 | 92 | 103 | 99 | 91 | |
| CWIP | 0 | 0 | 0 | 2 | 0 | 16 |
| Investments | 5 | 4 | 3 | 3 | 32 | 33 |
| 40 | 68 | 164 | 306 | 506 | 788 | |
| Total Assets | 47 | 123 | 259 | 414 | 636 | 929 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 6 | 2 | -61 | -10 | -87 | ||
| -1 | -40 | -38 | -20 | -7 | ||
| -4 | 43 | 98 | 26 | 94 | ||
| Net Cash Flow | 1 | 4 | -1 | -4 | -0 | |
| Free Cash Flow | 4 | -49 | -101 | -21 | -91 | |
| CFO/OP | 111% | 14% | -324% | -26% | -158% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 12 | 11 | 30 | 44 | 58 | 49 |
| Inventory Days | 42 | 31 | 46 | 84 | 123 | 181 |
| Days Payable | 27 | 16 | 9 | 28 | 49 | 44 |
| Cash Conversion Cycle | 27 | 26 | 67 | 100 | 131 | 186 |
| Working Capital Days | 5 | -8 | 29 | 39 | 48 | 78 |
| ROCE % | 17% | 10% | 14% | 14% | 18% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Installed Manufacturing Capacity - Stainless Steel Billets and Ingots (Halol Unit-I) MTPA ・Standalone data |
|
|||
| Installed Rolling Capacity - SS Flat / Round Bars (Changodar Unit-II) MTPA ・Standalone data |
||||
| Workforce Size Number |
||||
| Installed Capacity - Seamless Pipes & Tubes (Kapadvanj) MTPA ・Standalone data |
||||
| Export Share of Net Sales % |
||||
| Installed Capacity - Bright Bar (Kapadvanj) MTPA ・Standalone data |
||||
| Captive Solar Power Plant Capacity KWp ・Standalone data |
||||
| Contribution of Value Added Products to Revenue % |
||||
| Number of Distributors Number |
||||
Extracted by Screener AI
Documents
Announcements
-
Copy of Newspaper Publication
19 May 2026 - Postal ballot notice sent May 18, 2026; e-voting runs May 22 to June 20, 2026.
-
Shareholders meeting
18 May 2026 - Postal ballot seeks 1:10 equity share split; voting open May 22-June 20, 2026.
-
Press Release
16 May 2026 - Board approved 1:10 stock split, subject to shareholder and regulatory approvals.
-
Outcome of Board Meeting
15 May 2026 - Board approved 1:10 equity share split, MOA amendment and postal ballot on May 15, 2026.
-
Stock split
15 May 2026 - Board approved 1:10 equity share split on May 15, 2026, pending shareholder and statutory approvals.
Annual reports
Concalls
-
May 2026TranscriptAI SummaryPPT
-
May 2025TranscriptAI SummaryPPT
-
Feb 2025TranscriptAI SummaryPPT
-
Nov 2024TranscriptAI SummaryPPT
-
Sep 2024TranscriptAI SummaryPPT
-
Jun 2024TranscriptAI SummaryPPT
-
Dec 2023TranscriptAI SummaryPPT
-
Dec 2023TranscriptAI SummaryPPT
-
Oct 2023TranscriptPPT
Business Overview:[1][2][3]
MWL is promoted by Ahmedabad-based Mangalam Group. It is an ISO-9001:2015, ISO-14001:2015, ISO 45001:2018, QMS certified, fully integrated stainless steel manufacturer—from scrap melting to finished seamless pipes and tubes.